Sports as a metaphor for the global economy?

I had no idea that this is the way European soccer works.

For when you look at the business of professional sports — in both Europe and the United States — American sports are virtually all socialistic while the European soccer leagues more closely resemble the entrepreneurial capitalism we Americans fetishize.

…Every year, the worst-performing teams—three in England, four in Italy—check out. Relegated, they must play the following year in the next-lower division. Meanwhile, ambitious upstarts who have succeeded at lower levels check in. They are promoted.

Not like the European way will ever happen here, but it sure would be interesting to see.

  • http://deridere.blospot.com Kimberley

    It’s amazing what you can learn from us Brits, eh? Euro 2004 is jumping over there right now. To give you an idea, Manchester United are to the English what the Yankees are to RedSox fans. And just for comparision, my home town team is in the conference league (lowest league wherein the results are actually shown on the saturday results programme) and last season were relegated to out of the league, which is what – the local pub league? *hangs head in shame*

    I could go on, but I’ll spare you.

  • http://www.contractorpeon.com/blog glenn

    That’s what I love about European soccer. I don’t necessarily love the game (haha) but I love relegation & promotion.

    By getting relegated a team loses out on tens of millions of dollars in TV rights fees. There’s some team, Crystal Palace I believe, who went from the top division to the 2nd division (two rungs under the top) and their franchise was devastated.

    I actually wrote a blog entry about bring promotion & relegation to baseball…

  • http://www. Deridere

    Or look at Nottingham Forest – a similar thing happened, or Leicester, who conversely, came up through the ranks.

  • http://www.foolhandy.com Karl

    Although I don’t know you, it’s good to see anyone’s greater appreciation of the glory of the beautiful game. (Please roll your eyes at this point…)

    Promotion / Relegation is a great thing though, for it gives supporters of little teams like Cambridge United (Such as me!) hope. And that’s a much needed commodity these days…